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Home Bancorp Announces Acquisition Of GS Financial Corp.

LAFAYETTE, La. and
METAIRIE, La.,
March 30, 2011 /PRNewswire/ -- Home Bancorp, Inc. (Nasdaq: HBCP), the holding company of the 102-year-old Home Bank (
www.home24bank.com) and GS Financial Corp. (Nasdaq: GSLA), the holding company of the 74-year-old Guaranty Savings Bank, announced that they have entered into a definitive agreement for Guaranty Savings Bank to merge into Home Bank in a cash transaction. The merger was unanimously approved by both companies' boards of directors. The holding companies for each bank will also merge. Under the terms of the agreement, shareholders of GS Financial will receive
$21.00 per share in cash upon completion of the merger. The combined company will have total assets of approximately
$950 million,
$625 million in loans and
$750 million in deposits.

"Guaranty's deep relationships with its customers and excellent branch locations provide the ideal setting for Home Bank's expansion into
Orleans and Jefferson Parishes," said
John W. Bordelon, President and Chief Executive Officer of Home Bancorp and Home Bank. "There's new energy and opportunity in the greater
New Orleans area, and Home Bank plans to be a key contributor in the resurgence of the region."

"Our customers expect the very best service in
Louisiana banking," said
Stephen E. Wessel, President of Guaranty Savings Bank. "Home Bank's reputation for outstanding service and products makes this a perfect partnership. We will now be able to serve our customers even more effectively due to Home Bank's geographic reach and product offerings."

"This transaction is consistent with our goal of growing our company along
Louisiana's I-10/I-12 corridor," added Mr. Bordelon. "The markets along this corridor have demonstrated their resiliency and are positioned to prosper well into the future."

The merger, which is expected to be completed in the third
quarter of 2011, is subject to GS Financial Corp. shareholder approval, regulatory approval and other customary conditions. Home Bancorp expects to realize cost savings of approximately
$1.5 million on a pre-tax basis, and anticipates that the transaction will be over 10% accretive to earnings, once savings are fully phased in by 2012. The dilution to tangible book value is expected to be minimal. Merger-related expenses are expected to total approximately
$2.5 million on a pre-tax basis. Following the merger, Home Bank's capital position is expected to remain one of the strongest in the industry with total risk-based capital near 19%. No additional capital is needed to complete the transaction.

Home Bancorp, Inc. is a
Louisiana corporation that became the holding company for Home Bank in
October 2008 upon Home Bank's mutual to stock conversion. Home Bank is a federally chartered, community-oriented savings bank which was originally organized in 1908 and is headquartered in
Lafayette, Louisiana. Home Bank currently conducts business from 18 full-service banking locations and one loan production office in the
Lafayette,
Baton Rouge and Northshore (of Lake Ponchartrain) regions of south
Louisiana.

About GS Financial Corp.

GS Financial Corp. was incorporated under
Louisiana law on
December 24, 1996 and registered with the Office of Thrift Supervision as a savings and loan holding company. GS Financial Corp. commenced operations on
April 1, 1997 as the parent of Guaranty Savings Bank, which until
June 2006 was known as Guaranty Savings and Homestead Association and has been in continuous operation in the greater
New Orleans area since 1937. Guaranty Savings Bank is a federally chartered savings bank. Guaranty Savings Bank engages in community banking, serving a market area that covers the southeast corner of Louisiana through five branch offices and one mortgage loan production office.

GS Financial will be filing a proxy statement and other relevant documents concerning the merger with the United States Securities and Exchange Commission (the "SEC"). WE URGE INVESTORS TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER.

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